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In this interview on Canadian television Chris Hedges basically states that American democracy is dead and that only 'a revolution of the people' can restore the USA to democratic values. Since this is extremely unlikely, America will further degenerate, and end up as a semi-fascist corporate state, probably culminating in a right-wing backlash in the form of Nazi-like purges against Muslims, immigrants and other minority groups. And, of course, there will be more endless wars on defenceless nations to boost the arms industry and divert attention from the internal rot. Maybe the Americans should learn from the Egyptians rather than vice versa!

The rancorous debate over the debt belies a fundamental truth of our economy -- that it is run for the few at the expense of the many, that our entire government has been turned into a machine which takes the wealth of a mass of Americans and accelerates it into the hands of the few. Let me give you some examples.